There are Bel Air mansions, and then
there are Bel Air Mansions. Luxury
real estate icon Jade Mills’ latest listing on St. Pierre Road qualifies in the
latter category. The brand new, elaborate estate would make even the most jaded
multi-millionaire reach for the checkbook.

The compound, completed in 2012, has
all the contemporary amenities that are currently in demand, like a grand master suite with his-and-hers baths and spectacular
two-story closets. Nearby are the gym, indoor spa with waterfall, sauna and
steam room.

And that’s just for the owners’ private use. For friends and extended family, there’s a state-of-the-art custom theater, a wine tasting room with
wine cellar, a wood-paneled library and several well-appointed and spacious great rooms.

Visitors can stay in their own
luxurious guesthouse, and park in a unique, subterranean garage that can accommodate up to 10 cars and who knows how many motorcycles. Guests will also be endlessly entertained by strolling the gorgeous
grounds, complete with impeccable landscaping, fountains, gardens, patios,
lawns, a pool and spa.

Go Inside This Bel Air Estate

There’s
plenty of space for it all on the expansive lot that’s just under 30,000 square feet, and located in lower Bel
Air not far from Sunset, which makes it especially appealing. Some people find
it a pain to wind too far up into Bel Air’s
serpentine canyons, especially when they have an insatiable craving for an
Umami burger.

All in all, there are seven bedrooms
and 11 baths in about 17,000 square feet of living space. Upstairs rooms
can be accessed by a lavish spiral staircase or elevator – take your pick.

And now, to answer the big question: What will a grand manor like this set you, or your favorite rock star, back? It
has an asking price of $21,500,000, which sounds like a pretty penny, but
surprisingly enough, it’s not exorbitant for the area – and it's also a decent investment.

Granted, the price is more than 30 percent higher per square foot than the median home
in the Bel Air vicinity. But consider the fact that Zillow estimates the value has risen
more than half a million in the last 30 days, and that overall home values in the
posh Los Angeles suburb will rise more than 16 percent over the next year. That’s compared to a 10.8 percent rise in L.A. home prices across the
board.

Admittedly, even if the St. Pierre
estate is a good investment, it’s still far beyond reach for the vast majority of us. But
the dreams it inspires? Priceless.